$USDC

📈 Bitcoin Acquisition Update:

🟠 BTC Dominance

• The dominance is still on a strong upward trend since its last weekly update, heading towards a new peak. This does not mean that corrections won't happen and the altcoins will rise a bit before reaching a new peak.

• Currently, the dominance has reached the peak of the ascending channel, which is considered a resistance area. We are waiting for a drop from here and a return to the bottom of the channel with a rise in altcoins, and this is the most likely scenario today, God willing, if the interest rate is reduced.

• However, if negative news comes to the market, the peak of the channel will be breached, and then the dominance will achieve a new peak, as we mentioned in our previous weekly updates.